First, how much of a home bias is there?
I thought I would put numbers to Paolo’s casual observation. The job market seems a reasonable place to start, since people have a designated job market paper, many people list citizenship on their C.V., or other features that can be used to determine citizenship, and it captures the country choices of students before they have found jobs. The latter point is important if the choice of country to work on affects the position these students end up receiving.
Looking at job market students at 20 top universities in the U.S., U.K. and France, I count 29 Ph.D. students on the economics job market who list development economics as one of their fields, and who are from a developing country.
- Home bias is prevalent: 24 of the 29 students (83%) had a job market paper on their country of origin. Only Colombians were more likely to work on another country than their home country (4 out of 7 were working on other countries, such as Mexico and Peru).
Pros and Cons of this for Individual Researchers